Is accounting technology killing the bookkeeper?
I just read an article where they said the bookkeeper was dead. I completely, 100%, wholeheartedly agree with this statement. Now before you go jumping all over this, the traditional role of a bookkeeper is dead, or will be soon if we don't adapt. Our world is changing, and those that want to survive, must change with it. Change can be scary, but it is also exciting for an industry that has not changed much since the double entry accounting system was initially created.
It is true that there is now software that does what we used to do. Apps are automating much of our work. But that work was in the un-exciting world of data entry. That is not what we actually do. We are just starting to acknowledge the best value we can offer our clients is acting as their trusted advisor. It is the relationship we have with our clients that makes us special. We have always had access to the information to help our clients make those right decisions, however in the past we had access to that information too late.
Nowadays using features like QBO bank feeds to see real time banking data, and apps like Hubdoc and ReceiptBank to have clients submit their receipts to us before they have even left the store, are extremely important to our new roles. Think about it, we now have access to the information as it happens, and advise the client when it could actually make a difference to them. We can consult with our clients to help them solve their pain points as they occur, and make real time changes to their business. This makes us more valuable than ever before.
There is a new world that is rapidly changing and we must embrace it and adapt. Since I adapted, I have found that it has made my role with my clients more satisfying and I have better relationships. I truly enjoy what I do now, compared to what I used to do. Remember, the wind does not break a tree that bends.
QuickBooks Online Specialist
Cloud Bookkeeping Services
Tanya is an advanced certified QuickBooks Online ProAdvisor, with over 20 years bookkeeping and income tax experience. She is also the founder of Cloud Bookkeeping Services, and Tanya's Bookkeepers Bootcamp as well as a Member of the Intuit Trainer Writer Network. Being a forward thinking entrepreneur means that Tanya is constantly training and obtaining more education and certifications to increase the services and benefits to her clients. Tanya is proud to be a 2016 Intuit sponsored Black Swan, mentoring under Ron Baker. Tanya also volunteers her time as a volunteer mentor for Futurepreneur Canada.